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Nov 12, 2012
11/12
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the republicans remember when mitch mcconnell said make sure he is a one-term president. the president will be thinking about his legacy wanting to get things done. they lost voters by 56 percent. all that suggests to me is the president says something teaching the fiscal cliff i am willing to have 3-1 spending reductions as well as tax increases and pro growth tax reform package you can get something done there. >> president's second term notoriously difficult and the fact is the president won real election he didn't give as much of an agenda for his second term during the campaign. what do you expect from him that he has to worry ever again about reelection? >> go back to 2010 where they had the great mid term election. republicans think compromise is the answer for their political future. i would say think about what president obama did that ended up helping him win a huge reelection. he decided not to compromise he decided to double down on liberal i am. he marketed it in a new way he found inflexion points with women voters. he did it masterfully with jim macina and
the republicans remember when mitch mcconnell said make sure he is a one-term president. the president will be thinking about his legacy wanting to get things done. they lost voters by 56 percent. all that suggests to me is the president says something teaching the fiscal cliff i am willing to have 3-1 spending reductions as well as tax increases and pro growth tax reform package you can get something done there. >> president's second term notoriously difficult and the fact is the...
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Nov 8, 2012
11/12
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CURRENT
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why don't you remind me, mitch mcconnell. >> our top political priority should be to deny president obama a second term. >> cenk: welcome to the middle of the ring. did that happen for you, mitch? did it happen for you? republicans, oh no, there is obama! there is obama! not denied. you're denied. then finally my friends at fox news. >> it's going to be very close which is 51-48, a two point to two and a half point race, and i think romney gets 279 to 286. >> i'm sticking with you. i think it's a two-point race, too. >> cenk: well, guess what, you were all wrong. oh no! fox got it all wrong. this was their nightmare. obama landing right
why don't you remind me, mitch mcconnell. >> our top political priority should be to deny president obama a second term. >> cenk: welcome to the middle of the ring. did that happen for you, mitch? did it happen for you? republicans, oh no, there is obama! there is obama! not denied. you're denied. then finally my friends at fox news. >> it's going to be very close which is 51-48, a two point to two and a half point race, and i think romney gets 279 to 286. >> i'm...
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Nov 9, 2012
11/12
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WUSA
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and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he doesn't want to spend four years. the odds are very high the republicans will keep the house in 2014. does he really want four years of gridlock or does he want to take a big step, which is a gamble, open the door, sit down and have genuine conversations? and frankly, as he appoints some new cabinet officers, find some republicans that could serve in the cabinet, in a serious way, that would join ray la hood. he has really been sort of isolated as the secretary of transportation. >> we've seen some comments from both sides and yes we want to try to come up with an agreement, we want to try to exte
and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he...
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Nov 12, 2012
11/12
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FOXNEWSW
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the republicans, remember, mitch mcconnell said the top priority is make sure he is a one-term president. that's off the table. president will think of his legacy, want to get things done not just stake out positions. republicans need to worry about their brand and they lost moderate voters by 56%. all that suggests to me is the president says starting on the fiscal cliff, i'm willing to have two to three to one spending reductions versus the tax increases and a pro-growth tax reform package. you can get something done there. >> chris: laura, president's second terms are notoriously difficult. the fact is that although the president won re-election he didn't give as much of an agenda for the second term during the campaign. what do you expect from him now that he no longer has to worry again about re-election? >> it's instructive to go to 2010 when the republicans had a great mid-term election. for republicans thinking that compromise is the answer for their political future, i would say think about what president obama did that actually ended up helping him win huge re-election victory.
the republicans, remember, mitch mcconnell said the top priority is make sure he is a one-term president. that's off the table. president will think of his legacy, want to get things done not just stake out positions. republicans need to worry about their brand and they lost moderate voters by 56%. all that suggests to me is the president says starting on the fiscal cliff, i'm willing to have two to three to one spending reductions versus the tax increases and a pro-growth tax reform package....
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Nov 12, 2012
11/12
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KTVU
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the president has more flexibility to stand up to his base on things liken entitlement reform and mitch mcconnell said the priority was that he be a one term president and that is off the table and the president will think of his legacy, getting things done and not just staking out positions and the republicans need to keep in mind they lost voters. and, the president way be willing to have spending reductions versus tax increases and a pro-growth tax reform package, you can get something done there. >> chris: laura, presidents' second terms are notoriously difficult and, the president won reelection but didn't give as much of an agenda for a second term during the campaign, what do you expect from him? now that he no longer has to worry, ever again, about re-election. >> well, i think, it is instruct tiff to go back to 2010 when the republicans had the great midterm election and for republicans thinking compromise is the answer for their political future i would say, think about what president obama did. actually ended up helping him win a huge re-election victory. he decided not to mo
the president has more flexibility to stand up to his base on things liken entitlement reform and mitch mcconnell said the priority was that he be a one term president and that is off the table and the president will think of his legacy, getting things done and not just staking out positions and the republicans need to keep in mind they lost voters. and, the president way be willing to have spending reductions versus tax increases and a pro-growth tax reform package, you can get something done...
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Nov 8, 2012
11/12
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jon kyl is retiring and cornyn wants to move up, number two under mitch mcconnell. this is his second run at nrsc -- they picked up six seats in 2010 and here he was " -- expected to deliver the majority at the end of the cycle but things turned against them. but i don't think republicans are expecting the kind of rout they saw on tuesday. talking about republicans soul- searching and what not, and this is part of it. we talked to one senator yesterday who said we are going to be talking about a lot of different things and how to move forward and leadership races are a part of that. >> you can't beat somebody with nobody -- is there a name? >> john thune, the current conference secretary told us four months that he may make a run for whip. he may stay in the current spot or make a run for nrsc chairman. i suspect you will decide to stick where he is right now. certainly we were trying to get those guys on the phone yesterday and they were not taking our calls. it could be there is some decision making going on. but i think at the end of the day it is unlikely cornyn
jon kyl is retiring and cornyn wants to move up, number two under mitch mcconnell. this is his second run at nrsc -- they picked up six seats in 2010 and here he was " -- expected to deliver the majority at the end of the cycle but things turned against them. but i don't think republicans are expecting the kind of rout they saw on tuesday. talking about republicans soul- searching and what not, and this is part of it. we talked to one senator yesterday who said we are going to be talking...
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Nov 8, 2012
11/12
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>> and another seat in 2014, mitch mcconnell's seat. whether in the primary or the general election, he is really concerned. he has been raising some the like a million dollars a quarter in the off-year for the last year-and-a-half or so. he hired rand paul's campaign manager. he is seriously preparing for the contest. >> he made the comment to our colleague, major garrett, that our top priority is stopping barack obama. and they did it, and congressional approval rating went on to historic lows. talking about statements being made when television cameras are on, one thing about this polarization that we have where all we do is we only watch msnbc or with only watch fox and we only talk to people that we want to hear from, you begin to adopt this alternative reality. everybody is talking to you about the fact that when women are raped they cannot really get pregnant and you tend to believe it. and the rest of the world says, are you out of your mind? eventually, that will become a risk for democrats as well. >> and by the way, there is
>> and another seat in 2014, mitch mcconnell's seat. whether in the primary or the general election, he is really concerned. he has been raising some the like a million dollars a quarter in the off-year for the last year-and-a-half or so. he hired rand paul's campaign manager. he is seriously preparing for the contest. >> he made the comment to our colleague, major garrett, that our top priority is stopping barack obama. and they did it, and congressional approval rating went on to...
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Nov 10, 2012
11/12
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jon kyl is retiring and cornyn wants to move up, number two under mitch mcconnell. this is his second run at nrsc -- they picked up six seats in 2010 and here he was expected to deliver the majority at the end of the cycle, but things turned against them. but i don't think republicans are expecting the kind of rout they saw on tuesday. talking about republicans soul- searching and whatnot, and this is part of it. we talked to one senator yesterday who said we are going to be talking about a lot of different things and how to move forward, and leadership races are a part of that. >> you can't beat somebody with nobody. is there a name? >> john thune, the current conference secretary told us four months that he may make a run for whip. he may stay in the current spot or make a run for nrsc chairman. i suspect you will decide to stick where he is right now. certainly we were trying to get those guys on the phone yesterday and they were not taking our calls. it could be there is some decision making going on. but i think at the end of the day it is unlikely cornyn draws
jon kyl is retiring and cornyn wants to move up, number two under mitch mcconnell. this is his second run at nrsc -- they picked up six seats in 2010 and here he was expected to deliver the majority at the end of the cycle, but things turned against them. but i don't think republicans are expecting the kind of rout they saw on tuesday. talking about republicans soul- searching and whatnot, and this is part of it. we talked to one senator yesterday who said we are going to be talking about a lot...
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Nov 11, 2012
11/12
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KRCB
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he does need partners. >> rich mcconnell is on record as saying that -- mitch mcconnell is on the records sayi thahe knows that the election makes some people think that the republicans are going to roll over. that does not sound like compromise. >> your definition of compromise is rolling over and excepting higher tax rates. that is the democratic definition of compromise. i would never suggest bias. the president ran -- i will say it -- the most negative campaign. he did not run on his record. he could not. he did not run on a program. there is one thing he got a mandate for, and he now has a mandate to raise the top tax rate on two percent of the population by four. ? that is the smallest mandate in american history. >> can i say something? >> no, not until i am done. this is true. i am not going to get into this for meridian -- >what the republicans will agree to come up brainer came out with -- agreed to, john boehner came out the day after the election saying that he would agree to raise revenues. there is a difference between rates and revenues. this obsession with race is somethin
he does need partners. >> rich mcconnell is on record as saying that -- mitch mcconnell is on the records sayi thahe knows that the election makes some people think that the republicans are going to roll over. that does not sound like compromise. >> your definition of compromise is rolling over and excepting higher tax rates. that is the democratic definition of compromise. i would never suggest bias. the president ran -- i will say it -- the most negative campaign. he did not run...
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Nov 10, 2012
11/12
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WETA
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when you heard from republicans for four years is epitomized by mitch mcconnell who said his job was to see that obama is never reelected. but did not happen. so, he has an edge year. he does have leverage. but it will be a long haul. he does need partners. >> mitch mcconnell is on the record as saying that he knows that the election makes some people think that the republicans are going to roll over. agreed to democrat demands that a hike taxes before the end of the year. that does not sound like compromise. >> your definition of compromise is rolling over and excepting higher tax rates. that is the democratic definition of compromise. i would never suggest bias. the president ran -- i will say it -- the most negative campaign. he did not run on his record. he could not. he did not run on a program. there is one thing he got a mandate for, and he now has a mandate to raise the top tax rate on two percent of the population by four points? that is the smallest mandate in american history. >> can i say a vicious truth? -- what the republicans will agreed to, john boehner came out the d
when you heard from republicans for four years is epitomized by mitch mcconnell who said his job was to see that obama is never reelected. but did not happen. so, he has an edge year. he does have leverage. but it will be a long haul. he does need partners. >> mitch mcconnell is on the record as saying that he knows that the election makes some people think that the republicans are going to roll over. agreed to democrat demands that a hike taxes before the end of the year. that does not...
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Nov 8, 2012
11/12
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if jim demint ends up taking a leadership job in this republican party, or mitch mcconnell stays there, the way mitch mcconnell is talking right now, i think it means they haven't learned these lessons and aiming at something other than a majority. they're aiming at something else. >> that used to be, to take that job, running the party campaign committee is a career-making step in washington. and i think there was a report today, supposedly, marco rubio was being talked about, to run the committee for the republicans in the next cycle, that has no interest in doing it. you can't recruit candidates and say, we're going to put our support behind you. they're going to still lose the primary. >> it's a lose/lose situation in terms of those internal dynamics. steve kornacki, ow also seem very spry today, like ed. >> lots of caffeine. i'm going to crash this weekend. >> i understand. all right. thanks, steve. >>> all right, so, how did the unfortunate comments about rape caucus do in last night's elections? surprisingly poorly. that very cheery story is coming up next. >>> okay. if you were
if jim demint ends up taking a leadership job in this republican party, or mitch mcconnell stays there, the way mitch mcconnell is talking right now, i think it means they haven't learned these lessons and aiming at something other than a majority. they're aiming at something else. >> that used to be, to take that job, running the party campaign committee is a career-making step in washington. and i think there was a report today, supposedly, marco rubio was being talked about, to run the...
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Nov 13, 2012
11/12
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i mean, mitch mcconnell is such a talented politician really. he's so smart, and in my opinion, i think he's done everything that he could possibly do to prevent someone from having any -- even if someone wanted to challenge him from the right, i think he's done about as much as he could possibly do to keep them at bay. >> the other, of course, the other aspect of leadership transition in congress will be changes on the committees. your handy guide will offer lots of details. but i think it's worth -- and we should probably devote some of this to the question and answer period, and i hope you won't feel limited in trying to play stump the band with the three of us and ask us some complicated questions about on secure subcommittees -- obscure subcommittees, and we'll do our best. but in general the macro view of these committee chairmanships, way back in 1994 when they came out of the minority for the first time in 40 years, one of their first so-called reforms was to impose six-year term limits on all their committee chairmen. they felt the old
i mean, mitch mcconnell is such a talented politician really. he's so smart, and in my opinion, i think he's done everything that he could possibly do to prevent someone from having any -- even if someone wanted to challenge him from the right, i think he's done about as much as he could possibly do to keep them at bay. >> the other, of course, the other aspect of leadership transition in congress will be changes on the committees. your handy guide will offer lots of details. but i think...
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Nov 14, 2012
11/12
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MSNBC
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today mitch mcconnell did not signal, a big surprise, he was ready to compromise. the tree stump ain't moving. let's listen. >> the time for the president to lead is now, and that means offering a concrete plan that takes into account the fact that half the congress opposes tax hikes. not because we're selfish, not because we're stubborn, but we know it is the wrong thing to do. we know it will hurt the economy, and we know it will destroy jobs. >> you know, the nonsense behind that, guys, is that if you go by who we elect to congress deciding our national policy, then by that standard heidi heitkamp winning in north dakota means north dakota is a liberal state, and tester winning in montana means that's a democratic state or that mccaskill winning missouri -- no, that's not how we vote. we vote nationally for the president, and we have an electoral college to decide it. let me go back to dennis. give us your sense, the nea is filled with very lit rat, very smart people with tremendous understandings of the public policy. what does your rank and file like to see ge
today mitch mcconnell did not signal, a big surprise, he was ready to compromise. the tree stump ain't moving. let's listen. >> the time for the president to lead is now, and that means offering a concrete plan that takes into account the fact that half the congress opposes tax hikes. not because we're selfish, not because we're stubborn, but we know it is the wrong thing to do. we know it will hurt the economy, and we know it will destroy jobs. >> you know, the nonsense behind...
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Nov 9, 2012
11/12
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i wonder if mitch mcconnell's approach was the right approach because that approach didn't work. that's my point here. and the question is, is mcconnell going to change his approach in negotiating and in dealing with the president and in dealing with harry reid and in dealing with john boehner, or is he going to go down the same road? mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell actually is not getting touched here. >> i agree with chuck. it's a bit of inside baseball, but cornyn getting promoted is an unbelievable thing given what happened. i'm a fan of john cornyn's, but his record in the senate race speaks for itself. and the fact that people are just saying yeah, let him move up, unbelievable. >> people inside the senate know that john cornyn did not want todd akin to win the primary. john cornyn did not want mourdock to win the primary. >> but some of his candidates did lose as well. david, you talk about the issues, health care and appealing, part of the comebac
i wonder if mitch mcconnell's approach was the right approach because that approach didn't work. that's my point here. and the question is, is mcconnell going to change his approach in negotiating and in dealing with the president and in dealing with harry reid and in dealing with john boehner, or is he going to go down the same road? mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell...
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Nov 8, 2012
11/12
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MSNBC
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so mitch mcconnell is the missing piece of the puzzle here. he's the person the president has had the least success in dealing with. they have no personal relationship whatwhatsoever, th president and john boehner played golf once or twice. boehner as a person is of a more amenable guy. the white house wants a deal, and the reason they want a deal is because of the economy. if we get tangled up here in d.c. and go over the cliff or down the gradual slope, it's not -- it's not going to be good for the economy. there are people waiting to invest. there's a world watching. everybody agrees that if a deal can be cut, economies around the world, not just in america, are going to benefit. >> yeah. i think the consequences aren't immediate if we get to january 1st, but i'll get into that later. i have a monologue -- >> psychologically they're immediate. >> let me ask you about within the democratic party, then. if the white house's priority is to get a deal, and the bottom line for house republicans is no rate hikes, if the white house were pursue th
so mitch mcconnell is the missing piece of the puzzle here. he's the person the president has had the least success in dealing with. they have no personal relationship whatwhatsoever, th president and john boehner played golf once or twice. boehner as a person is of a more amenable guy. the white house wants a deal, and the reason they want a deal is because of the economy. if we get tangled up here in d.c. and go over the cliff or down the gradual slope, it's not -- it's not going to be good...
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Nov 13, 2012
11/12
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mitch mcconnell says higher taxes won't solve that problem. >> this is partisan politics. this is not an option. raising tax rates would destroy 700,000 jobs >> reporter: on this day, the president met with labor and progressive leaders since the day after his re-election that he opposed cuts to medicare and social security benefits. >> the president is committed to making sure that the middle class and the workers are paying the tax for parties we didn't get to. >> reigning in cost of medicare and medicaid is essential to controlling the deficit. mr. obama offered $34 billion a year in savings. republicans don't think it's enough. and they're demanding to be part of the solution. >> the venters also -- the voters also have republican controlled house and closely divided senate. in a government of three equal branchs, that is hardly irrelevant. >> at the white house, despite the seeming impasse over the bush tax cut, carney insists there is flexibility dealing with the deficit. >> i don't think the president is in a position of boxing ourselves in, or boxing others out. he
mitch mcconnell says higher taxes won't solve that problem. >> this is partisan politics. this is not an option. raising tax rates would destroy 700,000 jobs >> reporter: on this day, the president met with labor and progressive leaders since the day after his re-election that he opposed cuts to medicare and social security benefits. >> the president is committed to making sure that the middle class and the workers are paying the tax for parties we didn't get to. >>...
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Nov 9, 2012
11/12
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john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally
john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in...
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Nov 12, 2012
11/12
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FBC
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 11, 2012
11/12
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mcconnell. she has taken an active role in president obama's campaign. >>> justin bieber and selena gomez have split saying that their schedule made it hard to date. >>> teachers say this dance was also about raising the learning curb. beth parker has the story. >> reporter: one minute, it is a sidewalk. the next minute, a stage. ♪ >> my heart was beating real fast. and i felt nervous a little bit. ♪ under the moonlight >> when i'm on the dance floor, the dance floor just kind of speaks to me. ♪ because this is thriller >> reporter: a two-minute flash mob right in front of the national portrait gallery. they are students from d.c.'s savoy elementary school in southeast but, on this day, they're -- >> just like michael johnson. >> a teacher directed from on torch an suv. >> i want to teach them that they can go to wherever i want to go. >> reporter: savoy was traditionally a low performing school but they were celebritiesed by the president' commission on arts to get art supplies, instrumen
mcconnell. she has taken an active role in president obama's campaign. >>> justin bieber and selena gomez have split saying that their schedule made it hard to date. >>> teachers say this dance was also about raising the learning curb. beth parker has the story. >> reporter: one minute, it is a sidewalk. the next minute, a stage. ♪ >> my heart was beating real fast. and i felt nervous a little bit. ♪ under the moonlight >> when i'm on the dance floor, the...
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Nov 9, 2012
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whether it can get through with mitch mcconnell in the senate and republicans in the house is unclear, but i think the white house will give a big push to that. secondly, remember, as bad as the republican super pacs did, the democratic super pacs, although they didn't spend as much money, did quite well. you will see a big focus on who their big donors were. and there were some -- >> okay. that's one other example at work. i'm told by the pros like you, john, that one thing that did succeed in terms of big spending was the attempt -- the success, rather, in defining mitt romney early on by the white house people and their allies. >> absolutely incredible. priorities usa action, they made a bunch of really strategic decisions. they didn't have that much money relative to the larger republican conservative super pacs. they decided to go in hard into certain states, particularly ohio, where they spent the bulk of their money. they ran a bunch of ads that were incredibly -- that got an incredible amount of attention in terms of they got a lot of air time in terms of what they paid for an
whether it can get through with mitch mcconnell in the senate and republicans in the house is unclear, but i think the white house will give a big push to that. secondly, remember, as bad as the republican super pacs did, the democratic super pacs, although they didn't spend as much money, did quite well. you will see a big focus on who their big donors were. and there were some -- >> okay. that's one other example at work. i'm told by the pros like you, john, that one thing that did...
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Nov 8, 2012
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john boehner, harry reid, mitch mcconnell. they have not been able to reach a deal. will they be able to move forward now? they were saying some nice things yesterday, both harry reid and john boehner. actions speak louder than words. there are many obstacles what they can do in the main -- the lame duck. we covered both yesterday at a news conference. let me begin with the speaker was talking about the fiscal clef and really what it comes down to is tax cuts and whether you let them expire. [video clip] >> real economic growth eluded us in the first term of this president. without it, we cannot solve the debt problem. for the purposes of forging a bipartisan agreement, we are willing to accept new revenue under the right conditions. what matters is where the increased revenue comes from and what type of reform comes with it. does the increased revenue come from government taking a larger share of what the american people learned through higher tax rates, or does it come as a buy part -- byproduct of growing the economy energized by a simpler, fairer tax code with yo
john boehner, harry reid, mitch mcconnell. they have not been able to reach a deal. will they be able to move forward now? they were saying some nice things yesterday, both harry reid and john boehner. actions speak louder than words. there are many obstacles what they can do in the main -- the lame duck. we covered both yesterday at a news conference. let me begin with the speaker was talking about the fiscal clef and really what it comes down to is tax cuts and whether you let them expire....
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. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volati
. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the...